Material Requirement – or Resources – Planning (MRP) is essentially about demand planning. Computer-based MRP reporting can forecast how much raw materials a company needs to make the volume of product it expects to sell to customers.

Chemical and process manufacturers need to purchase chemicals to produce products for nearly every industry sector worldwide — from agriculture to automotive to pharmaceuticals and cannabis. Establishing a clear chemical procurement procedure can help your company stay compliant, streamline operations and better serve customers. But where do you start?

Chemical and process manufacturing is a complex industry, and companies in this market have unique needs. MRP software — short for “material requirements planning,” “material resource planning” or “manufacturing resource planning” software — is a valuable tool for managing the complex processes of planning, scheduling and controlling the production, purchasing and distribution of manufactured goods.